7,300-Unit Nance-Bradshaw Ranch Community Approved in Kyle

The Nance-Bradshaw Ranch Master-Planned Community, a 7,300-unit mixed-use development, is approved at 3960 Cypress Road in Kyle, roughly 20 miles south of downtown Austin. Property Reserve Incorporated is developing the project on a 2,695-acre ranch along the western bank of the Blanco River.

Property Reserve purchased the 2,898-acre Nance Ranch on January 6, 2025, at an undisclosed price. A February 2026 memorandum removed 281- and 292-acre tracts, leaving 2,695 acres. Prior owners were Bee Spring Ltd., GSP Conservation Investors LLC, and Rafter Holdings LLC.

A 2016 development agreement allows up to 9,000 living unit equivalents. Prior plans called for up to 7,300 single-family homes plus nearly 37 acres of multifamily and 332 acres of commercial. At full buildout, the project could add 25,000 residents to Kyle, a roughly 50 percent population increase.

In September 2026, the Kyle City Council approved a settlement ending a six-year lawsuit filed in 2020 by the Save Our Springs Alliance over alleged Texas Open Meetings Act violations. The settlement removed a proposed $30 million Blanco River bridge, a major point of environmental contention. The site sits over the Edwards Aquifer recharge zone, about four miles west of I-35 and downtown Kyle.

Property Reserve intends to negotiate a new or amended development agreement with the city. Kyle's Water Master Plan proposes a 5.4-mile, $37.6 million water line to the property, with construction tentatively set for 2030 to 2038.